Since when? You can now pay with BITCOIN at Pick n Pay stores

The next time you go to Pick n Pay, you may be forking out a bit of your Bitcoin to pay the bill. 

Over the years we have seen major advancements in electronic payment services. 

Just the other day we had to insert cards and now we can tap and pay. 

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Pick n Pay is the first of the biggest supermarket chains in South Africa to integrate Bitcoin payment into everyday transactions.

Bitcoin is a type of money that is completely virtual and is a very hot commodity on the streets of Mzansi. 

My Broadband reports: "Pick n Pay has expanded its Bitcoin payments trial to 39 stores across South Africa’s major cities, the retailer has announced. It plans to roll out to all its stores in the coming months."

“While for many years crypto was something for specialists on their computers, or used by early adopters trying it out, things are changing,” Pick n Pay stated.

Watch Stacey and J Sbu discuss this hot topic: 

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Furthermore, the Financial Sector Conduct Authority’s recent declaration of cryptocurrency as a financial product paves the way for cryptocurrency as a mainstream payment method. 

“This is just the start of an industry that is about to boom,” says ones Twitter user. 

Read More: What a rubbish situation! Man throws away R4-billion in Bitcoin

“The transaction is as easy and secure as swiping a debit or credit card,” Pick n Pay said.

Allegedly, the service fee for each transaction is minimal, costing on average 70 cents, and takes less than 30 seconds.

Stay tuned for more on this developing story.